2015

It’s important that our finances continue to improve year-on-year, offering better financial reward for our members. Each review identifies growth areas to guide our immediate work and feed our longer-term strategies. We also analyse any changes to music use across the globe. And closely monitor the outgoings that keep our investments in tune with members’ needs.

Turnover

We collected £537.4 million in royalties. We distributed £460.9 million of this to our members and affiliate societies.

Performance summary

We delivered more money to our members, with an 8.4% increase in distributions. This equate to an extra £35.6 million, when compared with 2014.

£million

2015

2014

%

International

195.6

188.3

3.9

Public Performance

175.2

168.3

4.1

Broadcast

124.2

119.3

4.1

Online

42.4

37.6

12.8

Total

537.4

513.5

4.7

Revenue on a

constant currency basis

537.4

502.4

7.0

Unlike previous years, these results do not include the Mechanical-Copyright Protection Society Limited (MCPS) financial figures. MCPS are a separate legal entity with separate Board and Management structures.

Read the details

You can read the full details of our performance in 2015 in the following PDF reports.